Mathematics, 09.03.2021 06:30 JJ143899
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $5,000, annual interest: 9%, interest periods:
number of years: 12
After 12 years, the investment compounded periodically will be worth $more than the investment compounded annually.
(Round to two decimal places as needed.)
Answers: 1
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Compare the investment below to an investment of the same principal at the same rate compounded annu...
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